Ridgepost Capital (NYSE:RPC) Insider Charles K. Huebner Trust Purchases 20,000 Shares

Ridgepost Capital, Inc (NYSE:RPC) insider Charles K. Huebner Trust acquired 20,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was purchased at an average cost of $8.68 per share, with a total value of $173,600.00. Following the transaction, the insider owned 176,054 shares of the company’s stock, valued at approximately $1,528,148.72. The trade was a 12.82% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Charles K. Huebner Trust also recently made the following trade(s):

• On Thursday, March 12th, Charles K. Huebner Trust bought 12,500 shares of Ridgepost Capital stock. The shares were purchased at an average price of $7.31 per share, for a total transaction of $91,375.00.

Ridgepost Capital Stock Up 1.6%

RPC stock opened at $7.32 on Tuesday. The company has a market capitalization of $804.72 million, a price-to-earnings ratio of 40.64 and a beta of 0.84. The company has a debt-to-equity ratio of 0.93, a current ratio of 2.27 and a quick ratio of 2.27. Ridgepost Capital, Inc has a one year low of $7.10 and a one year high of $13.08.

Ridgepost Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, February 27th will be issued a dividend of $0.0375 per share. The ex-dividend date is Friday, February 27th. This represents a $0.15 annualized dividend and a dividend yield of 2.1%. Ridgepost Capital’s dividend payout ratio (DPR) is 83.33%.

Wall Street Analysts Forecast Growth

RPC has been the subject of several analyst reports. Barclays dropped their target price on Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Monday, March 2nd. Weiss Ratings began coverage on Ridgepost Capital in a report on Thursday, February 12th. They issued a “hold (c)” rating for the company. Finally, Zacks Research raised shares of Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $11.00.

Ridgepost Capital Company Profile

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.